Restaurant Opportunity – West of Boston - Corbett Business Sales & Acquisitions
Norfolk County

Restaurant Opportunity – West of Boston

Offered At
$ 300,000.00

Details

Primary Industry
Restaurants & Food
Gross Sales
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Cash Flow
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EBITDA
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FFE
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Year Established
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Includes REA
0
Lease SF
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Lease Rate
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Lease Term
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Lease Description
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Real Estate Description
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Reason For Selling
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Description

This fully-equipped, cozy gem is ready for a new visionary owner to take it to greater heights. This restaurant is located in a charming neighborhood located just west of Boston. Historical sales are $850,000 and there is room to grow current sales with expanded hours of operation. The restaurant’s current sales are an 80% food and 20% beverage split. Currently operating as a Latin American concept, but can be easily converted into other concepts! Benefit from the goodwill and established reputation that the restaurant has built over the years. A favorite among locals, it’s known for exceptional service, a warm ambiance, and a commitment to culinary excellence!

Parking: Local street and city parking
Lease Terms: 3 years remaining with one (1) five-year option
Base Rent: $8,000 per month
Seating: 49 inside, 12 outside
Size: 800 square feet plus outdoor seating
Hours: Open Tues-Sun for Lunch & Dinner
Licenses: CV & Liquor License
Sales: Historical sales of $850,000
Concept: Latin American – Easy Conversion Opportunity
Asking Price: $300,000 (For the Business)

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